Morgan Stanley Maintains Equal-Weight on Lamar Advertising, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Lamar Advertising (NASDAQ:LAMR) and increased the price target from $105 to $110.

February 26, 2024 | 4:05 pm
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Morgan Stanley maintains an Equal-Weight rating on Lamar Advertising and raises the price target from $105 to $110.
The increase in price target by Morgan Stanley suggests a positive outlook on Lamar Advertising's future performance, potentially leading to a short-term positive impact on the stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests specific optimism about Lamar Advertising.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100